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PROPOSED TRANSFER OF FUNDS
Department: Budget and Management Services
Request: Approve transfer of $200,000.00 of ARPA funding from Vital Communities ($50,000.00) and Healthy Communities ($150,000.00) Policy Pillars, into Connected Communities ($200,000.00) Policy Pillar.
Reason: Request in transfer of funds between ARPA programs will permit strategic adjustments in community initiatives.
From Program(s): NT100 - Cook County Manufacturing Rebound and Recovery (Vital Communities) in the amount of $50,000; NT793 - Behavioral Specialists at HACC (Healthy Communities) in the amount of %150,000.
To Program(s): NT099 - Municipal Capacity for Capital Improvements (Connected Communities) in the amount of $200,000.00.
Total Amount of Transfer: $200,000.00
On what date did it become apparent that the receiving account would require an infusion of funds in order to meet current obligations? What was the balance in the account on that date, and what was the balance 30 days prior to that date?
Not applicable
How was the account used for the source of transferred funds identified? List any other accounts that were also considered (but not used) as the source of the transferred funds.
This requested transfer would shift funds Behavioral Health Specialists at HACC (NT793) and Cook County Manufacturing Rebound and Recovery (NT100) at the request of Department of Budget and Management Services to address an immediate and critical need for the Municipal Capacity and Capital Improvements (NT099) program to proceed with time sensitive construction which experienced anticipated additional expense.
Identify any projects, purchases, programs, contracts, or other obligations that will be deferred, delayed, or canceled as a result of the reduction in available spending authority that will result in the account that funds are transferred from.
Not applicable
If the answer to the above question is "none" then please explain why this account was originally b...
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